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So far Hailey Lewis has created 59 blog entries.

Stephanie Scarrella Named a 2021 Super Mortgage Professional

St. Paul, Minn. | November 1, 2021 – Twin Cities Business (TCB) Magazine, a leading resource for business news, insight, and inspiration, and Mpls.St.Paul Magazine provides timely, dependable, and interesting information to its readers about the people, places, and events that form the Twin Cities; announced Stephanie Scarrella, senior mortgage lender at Drake Bank (NMLS# [...]

By |2021-11-01T08:24:41-05:00November 1st, 2021|Awards, Bank Updates|0 Comments

Drake Bank Welcomes Karen LaBate as Vice President Commercial Banker

St. Paul, Minn. | August 23, 2021 – Drake Bank welcomes Karen A. LaBate as vice president commercial banker. LaBate has over 17 years of experience in commercial banking at community banks throughout Minnesota. LaBate has a passion for building relationships with clients to help meet their business needs and goals while managing risk. In her [...]

By |2021-08-26T08:22:03-05:00August 23rd, 2021|Bank Updates|0 Comments

Yahoo Finance: Plato Holdings, Inc. Announces Closing of $5 Million of Subordinated Debentures

ST. PAUL, Minn., July 12, 2021 /PRNewswire/ -- Plato Holdings, Inc., the parent company of Drake Bank, announced the closing of its privately placed $5 million fixed-to-floating rate subordinated debentures. The Plato Holdings, Inc. 2021 Series A Subordinated Debentures (CUSIP US 72767WAA99) have a maturity date of July 1, 2031, and carry a fixed rate [...]

By |2021-07-14T07:50:25-05:00July 12th, 2021|News|0 Comments

Plato Holdings, Inc. Announces Closing of $5 Million of Subordinated Debentures

St. Paul, Minn. | July 12, 2021 – Plato Holdings, Inc., the parent company of Drake Bank, announced the closing of its privately placed $5 million fixed-to-floating rate subordinated debentures. The Plato Holdings, Inc. 2021 Series A Subordinated Debentures (CUSIP US 72767WAA99) have a maturity date of July 1, 2031, and carry a fixed rate [...]

By |2021-07-09T10:56:03-05:00July 12th, 2021|Bank Updates|0 Comments

Drake Bank Awarded 5-Star Trusted Community Bank by BauerFinancial

St. Paul, Minn. | May 10, 2021 – BauerFinancial, Inc. – the nation’s premier bank rating firm – has awarded Drake Bank the highest (5-Star) rating for financial strength and stability. The 5-Star rating is proof that Drake Bank excels in areas such as capital adequacy, profitability, asset quality, and more. “This is indeed reflective [...]

By |2021-05-11T08:11:42-05:00May 10th, 2021|Awards|0 Comments

How to Teach Children About the Importance of Savings

Saving money can help build your better future by giving you the liquidity you may need for unexpected expenses, large purchases, etc. Learning about savings early in life can establish an excellent runway for your financial future. So how do you teach children about the importance and fundamentals of saving? Great question. We asked our [...]

By |2021-04-14T13:17:38-05:00April 22nd, 2021|Community Stories, Leadership|0 Comments

Financial Literacy: The Starting Point for Your Financial Journey

As community bankers, we thrive on discussing our clients' dreams and goals and helping them through the financial journey to achieve them. However, we understand that finances and banking may not be everyday topics for you. Additionally, talking about finances can be difficult, and financial products can be complicated to understand. Financial literacy is defined [...]

By |2021-04-06T07:49:23-05:00April 6th, 2021|Bank Updates, Leadership|0 Comments
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